Pod Point Group Holdings Full Year 2023 Earnings: Revenues Beat Expectations, EPS Lags

Pod Point Group Holdings (LON:PODP) Full Year 2023 Results

Key Financial Results

• Revenue: UK£63.8m (down 11% from FY 2022).
• Net loss: UK£83.4m (loss widened by 313% from FY 2022).
• UK£0.54 loss per share (further deteriorated from UK£0.13 loss in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Pod Point Group Holdings Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 1.2%. Earnings per share (EPS) missed analyst estimates by 107%.

Looking ahead, revenue is forecast to grow 16% p.a. on average during the next 3 years, compared to a 19% growth forecast for the Electrical industry in the United Kingdom.

Performance of the British Electrical industry.

The company's shares are up 2.8% from a week ago.

Risk Analysis

You should always think about risks. Case in point, we've spotted 3 warning signs for Pod Point Group Holdings you should be aware of.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.